Food Cart Business $265K SDE Expansion Rights
Not Disclosed, VA Richmond City County
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- RE: Food Cart Business $265K SDE Expansion Rights
- Contact: Blair Grossman
Quick Facts
| Asking Price: | $549,000 | |
| Annual Revenue: | $455,295 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $269,652 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $199,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1996 | |
| Employees: | 5 | |
| BBN Listing #: | 996162 | |
| Broker Reference #: | 9525-517790 |
Business Overview:
Food Cart Business $265K SDE Expansion Rights to Five Locations
Offered for sale is a long-established, highly profitable food cart business with more than 30 years of operations. The business currently operates a single cart producing approximately $265,000 in Seller’s Discretionary Earnings, with simple operations and exceptional margins. Sales average over $1000 per hour during a three-hour operational period. The business currently generates approximately $61,000 per month in revenue from just one location.
The sale includes five transferable city peddler permits, allowing a buyer to expand to multiple simultaneous locations at their discretion. Recently, the seller has intentionally maintained a single-cart model for lifestyle reasons.
A nearby commissary kitchen is also available for lease allowing the owner to quickly prep and clean up. Easy menu prep and fast production makes this business less labor-intensive than most food operations.
If you like making $$$ in a fast paced-work day that is over before 3pm, then this is the business for you!
Financial Highlights
2025 Seller’s Discretionary Earnings: ~$265,000
Strong, consistent revenue history
Excellent gross and net margins
Clean, well-documented add-backs available to qualified buyers
Asking price reflects just over 2× verified historical SDE, without attributing value to speculative expansion.
Operations
Established in 1996 by two entrepreneurial brothers, this well-known food cart business has become a city staple, consistently ranked among the best in the area. With five valuable street vending permits—including a flexible mobile peddler’s permit—the business offers strong operational versatility. Known for fresh, healthy wraps served fast with friendly service, it draws loyal, repeat customers and steady lunchtime crowds. Featured on the Travel Channel, this turnkey operation offers an exceptional opportunity to own a celebrated, high-traffic brand with strong community roots and a loyal following on social media that shows up whenever they post a new event.
Contact the Seller:
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Reason for Selling:
Other. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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